Banks and free markets
You might not have noticed, but in general, we’re supporters of free markets. However, we blamed at least part of the crisis on a rigid free market ideology, leading to […]
Nationalize the banks!
No, we’re not socialists. But it seems the only way. And in the future, they can be returned to the private sector, perhaps even for a handy profit.
InterOil: Ross Smith bites the dust
A third (as far as we know) Ross Smith (RS) report appeared this week on InterOil (dated Jan 15 2009). For those not in the know, Ross Smith used to […]
Is it really that bad?
Perhaps not. Some arguments against the current gloom..
InterOil, it keeps getting better.
In our last installments we reported that, realistically, the risk that InterOil wouldn’t have enough gas for an LNG facility had all but disappeared. But the news is getting better. […]
Why inflation is not a problem, even when the economy finally recovers
Some critics of stiumulus plans on the drawing board argue that all this extra money creation will drive inflation to unprecedented highs in the future, and will sink the dollar. […]
Some preliminary conclusions from InterOil’s Antelope1 well
Some things are worth waiting for..